Home » Business

Business - Page 51

The rating agency noted that losses were reported at 19 of the 21 state banks in FY18, including State Bank of India (SBI), while earnings at the large private banks also came under significant pressure, with Axis Bank reporting its first-ever quarterly loss.

Banks Report Better Q2FY26 Earnings

Banks that have declared their results so far this week have reported strong loan growth, stable margins, and robust...

16 Oct 2025 9:10 PM IST

US 50% Tariffs Not a Threat to India, Says RBI Governor

US 50% Tariffs Not a Threat to India, Says RBI Governor

RBI Governor Downplays US Tariffs, Highlights India’s Economic Resilience Amid Global Uncertainty at IMF-World Bank...

16 Oct 2025 8:49 PM IST

Trump’s Statement on Russian Oil Indicates Possible Lifting of Penalty Tariffs

Trump’s Statement on Russian Oil Indicates Possible Lifting of Penalty...

Trump told reporters that he had received assurances from Modi that India would halt its purchases "within a short...

16 Oct 2025 7:23 PM IST

ICICI Lombard Q2 Profit Rises 18% Despite Flat Premium Growth

ICICI Lombard Q2 Profit Rises 18% Despite Flat Premium Growth

The insurer reported a 22.9% jump in H1 FY2026 PAT to Rs 15.67 billion, even as premium growth slowed due to IRDAI’s new...

16 Oct 2025 5:16 PM IST

Mini India Brings Most Powerful Countryman Ever

Mini India Brings Most Powerful Countryman Ever

The imported performance SUV brings a sportier aesthetic with red accents, new fascia and an angrier exhaust that...

16 Oct 2025 5:03 PM IST

Amazon Great Indian Festival 2025 Breaks All Records with 276 Crore Customer Visits

Amazon Great Indian Festival 2025 Breaks All Records with 276 Crore...

Amazon India recorded over 276 crore customer visits, with 70 per cent coming from tier 2 and 3 cities, shopping for...

16 Oct 2025 4:53 PM IST

Govt Says Exports Grew 6.7% Yearly and 3.6% Monthly in Tariff-Hit Sept

Govt Says Exports Grew 6.7% Yearly and 3.6% Monthly in Tariff-Hit Sept

Despite 50% tariffs on key goods, exports grow to $36.38 billion; trade deficit widens on higher gold imports

16 Oct 2025 1:24 AM IST

Hyundai to Invest Rs 45,000 Cr, Launch 26 New Cars

Hyundai to Invest Rs 45,000 Cr, Launch 26 New Cars

Automaker plans to boost output, launch a hybrid and Genesis luxury brand, and turn India into an export base by 2030

16 Oct 2025 1:07 AM IST

Not The Opportune Time To Cut Rates: RBI Governor in October Policy

Not The Opportune Time To Cut Rates: RBI Governor in October Policy

"I vote to keep the repo rate unchanged at 5.50 per cent. The intent of policy is nevertheless to continue facilitating...

15 Oct 2025 11:49 PM IST

Banks Should Embed Empathy Into Service Delivery, Says RBI DY Gov

Banks Should Embed Empathy Into Service Delivery, Says RBI DY Gov

"It is also an observation that, while access to financial services has improved significantly in recent years, the...

15 Oct 2025 9:35 PM IST

Rupee Rebounds 75 Paise From Record Lows on RBI Intervention

Rupee Rebounds 75 Paise From Record Lows on RBI Intervention

The RBI was alarmed to see the rupee nearing the 89 a dollar level during the trading sessions and aggressively sold...

15 Oct 2025 9:03 PM IST

Bharti Airtel said on Wednesday that it will sell its operations in Burkina Faso and Sierra Leone to France-based Orange, which will help it to reduce its debt. (Representational image)

Airtel to Set Up Two New Cloud Zones in Mumbai and Chennai with IBM

The company is extending the footprint of Airtel Cloud availability zones in India from four to ten, comprising next-gen...

15 Oct 2025 8:09 PM IST